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Question ID : 1333

FBT

One of my clients, a private limited co., has not yet paid Frge Benefit Tax the hope that it would be scrapped while the appeals are the High court. I had read somewhere that the amount can be deposited a separate current account.

Can some one please guide me whether the whole amount of frge benefit tax or the tax g to disputed items (items which are strictly not ed to employees and are not any benefits to the employees) has to be deposited the current account?

Account has to be opened with any bank and whether any specific name or format sugged?

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Posted by KETAN KRISHNAKANT DESAI on Jan 12, 2006
Filed Under DIRECT TAXES

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